Procurement process improvement

Modern companies are realising the importance of the procurement function as key to supporting the delivery of core business activities and increased profitability. In some cases a cost saving of 5% on procurement spend has the same impact on net profits as an increase in turnover of 30%.

As an independent client-side advisor, TCG is focused on developing the best procurement solution for your organisation and customers. Our approach to helping you achieve the most from the process is by addressing all of the key elements of effective procurement, including:

• Organisational: Clarifying the split of responsibilities between the corporate and procurement companies and identifying the required skills and development needs of management.
• Performance management: Defining and implementing appropriate supplier performance management measures and systems.
• Global Sourcing: Acting both as a sourcing specialist and as facilitator in the sourcing activities, from analysis and specification to tendering and contracting.
• Processes: Implementing effective processes and system support for sourcing and operational procurement, including system support for knowledge sharing, contract drafting, negotiation, e-sourcing, e-procurement and data warehousing.

We can provide expert help for all areas of third party engagement including but not limited to; running a tender to procure goods or services, assisting with negotiation for a software licence or maintenance renewal, reviewing your outsourced IT providers and dealing with supplier issues.